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BIC and Identifier ‘BUUT’ added to SEPA BIC list

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BIC and Identifier ‘BUUT’ added to SEPA BIC list

The four-letter Business Identifier in a Dutch IBAN account number can be used to determine the correct BIC (Business Identifier Code). The SEPA BIC list-NL, for use in SEPA transactions, contains the BIC of every payment service provider operating in the Netherlands.

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